Try checking what the tax assessor thinks it's worth, and also what zillow thinks it's worth. 3) Will the cash flow from the 2 apartments cover the cost of the loan, taxes, insurance, repairs, and some on top for you?

That primarily covers it. 

Being that this is my first deal and I do not have a lot of cash having a property where several units are rented and I can rehab the property while the rents are covering the expenses.

And, after renting both units, the mortgage and expenses would be covered with  some cushion on top.

You would want to try and bring in $1000 per month to cover the mortgage in case the unit is vacant for a month or 2 while search for a replacement tenant.10.Hire property manager?

You would want to try and bring in $1000 per month to cover the mortgage in case the unit is vacant for a month or 2 while search for a replacement tenant.10.Hire property manager?

Not only will they not cover the damage to the room but it will void the insurance on your entire property.

I just felt as if I needed 20 to 30k cash to put a down payment and cover expenses for a first property.

I'm not a smoker, but doesn't the smell linger, even if you cover it up?

Do you recommend putting insurance to just cover ACV or replacement?